BOTHELL, WA--(Marketwire - 08/03/10) - NEAH Power Systems, Inc., (OTC.BB:NPWZ - News), www.neahpower.com, the Company developing fuel cell based renewable energy, announced today that it is collaborating with a major US Defense Supplier to explore development of unique power solutions for potential customers. The Defense Supplier is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation, the Defense Supplier provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services.
"This is further validation of our technology, and we are honored and privileged to work with such an industry leader. The team at NEAH looks forward to providing patented, differentiated power solutions for defense, homeland security, and other applications," said Dr. Chris D'Couto, President and CEO of NEAH Power Systems.
"We produce a number of systems and components, which could potentially benefit from NEAH Power Systems' anaerobic fuel cell technology. We would like to work together to explore how NEAH Power Systems' technology may be applied to complement our solutions for enhanced operation of equipment for our customers," commented the Vice President of Advanced Technologies for the Defense Supplier.
About NEAH Power
NEAH Power Systems, Inc. (NPWZ) is developing long-lasting, efficient and safe power solutions for the military and for portable electronic devices and off the grid power solutions. NEAH uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors.
Further company information can be found at www.neahpower.com.
Forward-Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See NEAH Power System's Form 10-KSB for the fiscal year ended September 30, 2009 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
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